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20121202
20121210
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CSPAN
Dec 10, 2012 12:35am EST
discretionary cuts, total deficit reduction of $2.20 trillion and it was a carbon copy of a proposal that erskine bowles made to the super committee. the frustration of the republican side has been that the president started with the proposal and said i want $1.20 trillion dollars in taxes and i want to get that deficit reduction. that means that as net spending of zero and it is stuck there. there has been nothing about a counteroffer that would allow negotiations to continue. to have the president missing in action on the senate side is a problem. guest: first of all, the bulls simpson plan failed. it did not get the required votes. the people who voted against it, the chairman of the ways and means committee and paul ryan, chairman of the budget committee, and jeff hensarling are still debating. there was not a and of support within the caucus. the amount of revenue is far in excess as to what can -- compared to what the speaker is offering. bowels-simpson was not acceptable than and it will not be acceptable now guest: it got 60% of the votes. it did not get the supermajority but
CSPAN
Dec 9, 2012 9:35pm EST
, since my baurp efforts on fixing the debt and deficit have been so successful. this issue tonight, is tied to debt and dic is important because it is a question of whether our country can stay competitive. we all know, we use the terms whether you are a university, or a private enterprise or looking it from a government stand point. how and where we invest and how we choose to invest in public resources to infrastructure, work force training is going to be a determine ant o whether we're going to be successful or not. steve has worked on a great dale, if we look at how -- deal, if we look at how america is going to stay competitive. now that i'm a federal employee when i hear an annoying sound i cheer cha ching. the question of whether or not america is goingo be able to compete, can wkewe going to havf innovation that creates jobs and steve will speak to this, literally 80% of new jobs eate in america have come from start-ups. where have the tall lent come from start-ups disproportiotem first generation of americans. we're lucky here in virginia thivals the silicon valley in the numb
CSPAN
Dec 9, 2012 3:40am EST
plan that spurs economic growth, creates jobs and reduces our deficit -- a plan that gives both sides some of what they want. i'm willing to find ways to bring down the cost of health care without hurting seniors and other americans who depend on it. and i'm willing to make more entitlement spending cuts on top of the $1 trillion dollars in cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy -- and if we're serious about protecting middle-class families -- then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. after all, this was a central question in the election. a clear majority of americans -- democrats, republicans and independents -- agreed with a balanced approach that asks something from everyone, but a little more from those who can most afford it. it's the only way to put our economy on a sustainable path without asking even more from the middle class. and it's the only
Search Results 0 to 2 of about 3